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The Motor City applied for Chapter 9, the personal bankruptcy system for counties as well as cities, with a national debt believed to be around $380 million and also as long as $20 billion long-term, the Associated Press stated. Yet not-for-profit organizations have actually long been attempting to blaze an alternative path as well as offer a safety net amidst years of devastating economic loss, which includes a quarter-million homeowners between 2000 and also 2010 after vehicle business increased elsewhere as well as the suburban areas started calling, the AP stated.
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